Mathematics, 05.05.2020 22:22 emmalucilleblaha1995
One option in a roulette game is to bet $ 14 on red. (There are 18 red compartments, 18 black compartments, and two compartments that are neither red nor black.) If the ball lands on red, you get to keep the $ 14 you paid to play the game, and you are awarded $ 14. If the ball lands elsewhere, you are awarded nothing, and the $ 14 that you bet is collected.
Complete parts
a. What is the expected value for playing roulette if you bet $ 14 on red?
$
nothing (Round to the nearest cent.)
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